Leaning into the steel industry: Lean supply and the steel industry

The steel industry contributes substantially to Australia’s economy. However, globalisation has forced steel producers and exporters to reassess their strategic direction and seek out different management approaches to maintain market share. This paper promotes the concept of lean supply and its effectiveness (when used in conjunction with other strategic tools), in responding to the challenges of globalisation and other changes in the operating market; by strengthening the industrial supply chain for competition. Future considerations for practitioners and researchers are identified in the concluding discussion.